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It is rare to find 400% deposit match casinos in the UK that will honour this offer on your first deposit. Bonus tax regulations do sometimes deter casinos from offering such lucrative bonuses as they need to protect their finances.
In line with the General Betting Duty and gambling taxes, operators are obliged to pay a certain percentage in tax on all free or discounted bets online. The percentage they pay depends on the type of casino and the type of betting they offer. This pay point of income tax, has to be paid by online casinos as part of the RGD (Remote Gaming Duty). This meaning that 21% of their profits has to be paid to the UK Government. This percentage can vary between countries and their different legislations; therefore, it is easier to see such first deposit deals in Curacao and Malta licenced casinos such as La Fiesta and Superlines Casino.
However, when we find such deals on 1st deposits in the UK, we will list them on the site for you to enjoy.
Sometimes casinos will split the bonus over 3 deposits. For example, if a casino offer is 400% match deposit bonus up to £100 and 50 free spins on a specific slot. The first deposit may be 200% deposit match and 20 free spins, 2nd deposit may be 100% deposit match and 10 free spins then 3rd deposit may be 100% deposit match and 20 free spins. So, you are still getting the full amount but will only be able to claim the offer if you split your deposit amounts over 3 transactions and your maximum deposit match will be £100. So anything that you deposit over this amount will not count towards the bonus.
For £100 that you deposit, a 400% match bonus means you’ll play with £500. But don’t let this large sum of money draw you in too easily. Due to the high increase of your deposit, there will be clauses and conditions that impede you in order to protect the profit of the casino who has just turned your £100 into £500.
The rules may be that you need to wager the bonus 40x before you can withdraw any winnings. Also, part of the wagering requirements may be that you have to play on a specific game before the wagering starts.
The casino may also limit the maximum and minimum bet amount on a chosen slot whilst you are using your bonus so that you don’t end up going through the wagering requirements too quickly.
The casino may require you to enter a bonus code or promo code in order to activate the bonus. This would usually be mentioned in the T&C’s or alternatively you can contact customer support after you have deposited. Make sure you do this before you start playing, as once you have begun, you may not be eligible to claim the bonus.
Be sure to check whether the bonus offer has an expiry date as you don’t want to opt into a deal when you are unable to meet the wagering requirements in time.
It might be the boring part, but we strongly recommend that you do not rush these steps. Without checking our review or reading some the T&Cs you might be in for a nasty surprise later. It’s worth spending 5 to 10 minutes from the time you find a new casino, to depositing at that casino. During that time, make absolutely sure this is where you want to spend your money.
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